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BackJun 19, 2017
Type Announcement
Subject OTHERS
Description

ACCEPTANCE OF LETTER OF AWARD FOR THE SUPPLY, DELIVERY, INSTALLATION, CONFIGURATION, INTEGRATION, TESTING AND COMMISSIONING OF HARDWARE, SOFTWARE, AND NETWORK EQUIPMENT FOR THE IMPLEMENTATION OF PICTURE ARCHIVING AND COMMUNICATION SYSTEM (PACS) AND TO IMPROVE THE RADIOLOGY MODULE, SISTEM PENGURUSAN PESAKIT (SPP) IN HOSPITAL RAJA PEREMPUAN ZAINAB II, KOTA BHARU, KELANTAN

ACCEPTANCE OF LETTER OF AWARD FOR THE SUPPLY, DELIVERY, INSTALLATION, CONFIGURATION, INTEGRATION, TESTING AND COMMISSIONING OF HARDWARE, SOFTWARE, AND NETWORK EQUIPMENT FOR THE IMPLEMENTATION OF PICTURE ARCHIVING AND COMMUNICATION SYSTEM (PACS) AND TO IMPROVE THE RADIOLOGY MODULE, SISTEM PENGURUSAN PESAKIT (SPP) IN HOSPITAL RAJA PEREMPUAN ZAINAB II, KOTA BHARU, KELANTAN

 

1.         Introduction

HeiTech Padu Berhad (“HeiTech” or “the Company”) is pleased to announce that the Company has on 5th June 2017 received a Letter of Award for the Supply, Delivery, Installation, Configuration, Integration, Testing And Commissioning of Hardware, Software, and Network Equipment for The Implementation of Picture Archiving and Communication System (PACS) and to improve the Radiology Module, Sistem Pengurusan Pesakit (SPP) In Hospital Raja Perempuan Zainab II, Kota Bharu, Kelantan.

 

The letter was signed and accepted on 16 June 2017.

 

2.         The Contract Value

 

The Contract Value of the project is RM10,123,738.82 (Ringgit Malaysia Ten Million One Hundred Twenty Three Thousand Seven Hundred Thirty Eight and Eighty Two Cents Only) (Inclusive 6% GST).

 

3.         Duration of the Project


The Contract is for a period of thirty (30) months commencing from 17 July 2017 to 16 January 2020. Any further renewal or extension of the duration is at the discretion from the Government.


4.         The effect on net assets of the Group

 

The proposed transaction will not have any material effect on HeiTech Group’s Net Asset for the financial year ending 31 December 2017 and is expected to contribute positively to the future earnings of HeiTech Group.

 

5.         The risks in relation to the contract


The risks are normal risks encountered by other Companies undertaking a similar endeavor and the Group has taken the necessary steps to protect itself and to mitigate the risks when and as it occurs.


6.         Directors' and Substantial Shareholders' Interest


None of the Directors or substantial shareholders or any person connected to the Directors or substantial shareholders of HeiTech has any interest, either direct or indirect in the above contract.


7.         Statement of the Directors


The Board of Directors is of the opinion that the execution of the contract is in the ordinary course of business and is in the best interest of the Company.

 

8.         Financial effects

 

The above contract will have a positive effect on the earnings per share. Nevertheless, the contract will have no material effect to the dividend policy, gearing, share capital and the substantial shareholders’ shareholdings of the Company for the financial ending 31st December 2017.

 

This announcement is dated 19 June 2017. 

 

Please refer attachment below.

 

 

 


Announcement Info

Company Name HEITECH PADU BERHAD
Stock Name HTPADU
Date Announced 19 Jun 2017
Category General Announcement for PLC
Reference Number GA1-19062017-00072

Attachments

  1. Announcement_19_June_2017.doc (Size: 33,280 bytes)